Tue, 21-Oct-2025

Opec+ starts talks amid oil price gyrations, Omicron fears

Opec and its allies begin two days of meetings on Wednesday to decide whether to release more oil into the market or restrain supply, amid big gyrations in crude prices and uncertainty about the impact of the Omicron coronavirus variant on energy demand, Reuters reported. The oil prices fell to near $70 a barrel on Tuesday, after … Read more

Nissan triples profit forecast on strong quarterly results

TOKYO: Nissan tripled its full-year net profit forecast on Tuesday, as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges, including the global chip crunch and rising raw material prices. The firm now projects 180 billion yen ($1.6 billion) in net profit for the fiscal … Read more